2724 Watson Rd StSt. Louis, MO 63139
For Sale
$2,317,241
High-ROI Fast Casual Restaurant Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 125
Highlights
- 1,600 SF Crazy Bowls & Wraps restaurant in St. Louis, MO, on a 0.64-acre lot, with a 20-year NNN lease providing a 7.25% cap rate.
- The lease, starting April 1, 2024, includes a 1% annual rent increase, growing from $168,000 to $202,962 by lease expiration.
- The tenant, Crazy Bowls & Wraps, is a rapidly expanding fast-casual brand, backed by a corporate guarantee.
- This is a triple-net (NNN) lease, meaning the tenant covers all property expenses, offering zero landlord responsibilities.
Property Details for 2724 Watson Rd St
- Property type
- Retail properties
- Square Feet
- 1,600 SF
- Year Built
- 2023
- Lot Size (sq. ft)
- 27,878 SF
Location Insight
- City
- St. Louis
- County
- State
- Missouri
- Latitude
- 38.6098883
- Longitude
- -90.2886165
2724 Watson Rd St, St. Louis, Missouri
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-ROI Fast Casual Restaurant Investment
- Where is the retail property located?
- The property is located at 2724 Watson Rd St St. Louis, MO.
- What is the asking price?
- The asking price for this property is $2,317,241.
- What are key features of this property?
- This property features: 1,600 SF Crazy Bowls & Wraps restaurant in St. Louis, MO, on a 0.64-acre lot, with a 20-year NNN lease providing a 7.25% cap rate.; The lease, starting April 1, 2024, includes a 1% annual rent increase, growing from $168,000 to $202,962 by lease expiration.; The tenant, Crazy Bowls & Wraps, is a rapidly expanding fast-casual brand, backed by a corporate guarantee.
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